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This narrow shipping lane is how Trump now wants oil tankers to navigate the Strait of Hormuz
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global_markets BULL 90/10 MarketWatch Top Stories · 9d ago

This narrow shipping lane is how Trump now wants oil tankers to navigate the Strait of Hormuz

If the U.S. succeeds in shepherding more vessels out of the strait safely, hundreds of ships still stuck on either side of the strait, including massive oil tankers, would find their way to markets, taking off some of the pressure that has led global crude prices rise more than 50%.

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